OTC Bulletin Board S & P Company Insight for NORTH AMERICAN EN NV
Profile
	Address   11005 Anderson Mill Road   Austin , TX 78750   Phone: 512-944-9115   Website: http://www.naeyinc.com Auditor   Moore & Associates   Las Vegas , Nevada Transfer Agent   Wall Street Transfer Agents, Inc. Employees:  1 ShareHolders:  37 Founded:  2006 Domicile:  Nevada
Background
	History:  INCORPORATED in Nevada Aug. 22, 2006, as Mar Ked Mineral Exploration, Inc.; name changed to North American Energy Resources, Inc. Aug. 11, 2008. July 28, 2008, acquired North American Exploration, Inc. for 420,000 Common shares. Acquired concern was organized in Nevada on Aug. 18, 2006, as Signature Energy, Inc. and changed its name to North American Exploration, Inc. on June 2, 2008.   Subsidiaries: North American Exploration, Inc.
Management
	Management Officers Position  Ross E. Silvey President, Chief Financial Officer, Chief Accounting Officer & Chief Executive Officer  Michael D. Pruitt Exec VP  Susan  Willis Secretary Directors  Michael D. Pruitt  Ross E. Silvey  George S. Young
Annual Report
	Annual Report   Income Statement   2009 2008 Oil & gas sales 7 6 Pipeline fees 2 - Total revs. 9 6 Cost & exps. 682 29 Other income 1 Nil Asset impairment 418 - Depr. & amort. 6 1 Interest exp. 1 1 Net income (1,097) (25) Share earns. basic and diluted (0.08) Nil Avge. com. shs. (Thou.) (0.08) Nil   Balance Sheet   2009 2008 Assets: Cash & equiv. 28 185 Due from related party 20 - Accts. rec., net 21 57 Prepaid exps. 85 - Tot. curr assets 154 242 Note rec. - 76 Net property and equipment 177 523 Total assets 331 841 Liabilities: Notes pay. - 35 Due to shareholder 2 501 Accrued expenses - 1 Accts. pay. 49 24 Advances received 30 190 Tot. curr. liabs. 81 751 Long-term debt 403 - Com. stk. 14 12 Paid-in cap. 961 108 Retained earns. (1,128) (30) Total liabs. and equity 331 841 Common Shares (Thou.) 14,036 12,428    * On July 28 2008 the company acquired 100% of the outstanding stock of North American Exploration Inc. pursuant to a stock purchase agreement. The transaction was recorded for accounting purposes as a reverse acquisition.
Interim Report
	Interim Report      Data Not Available
Pro Forma Report
	Pro Forma Report      Data Not Available
Quarterly Report
	Quarterly Report Information      Quarterly Revenue, US$ Year Quarter Revenue   2010   1 Nil   2010   2 Nil   2010   4 10,000   2010   Full Year 10,000   2009   1 Nil   2009   2 Nil   2009   3 Nil   2009   Full Year 10,000   2008   Full Year Nil   2007   Full Year 20,000     Quarterly Net Income, US$ Year Quarter Revenue   2010   1 Nil   2010   2 Nil   2010   3 Nil   2010   4 Nil   2010   Full Year (1,380,000)   2009   1 (30,000)   2009   2 (80,000)   2009   3 (460,000)   2009   Full Year (1,100,000)   2008   Full Year (20,000)   2007   Full Year (10,000)     Quarterly EPS, US$ Year Quarter Revenue   2010   1 (.01)   2010   2 (.02)   2010   3 (.01)   2010   4 (.04)   2010   Full Year (.09)   2009   1 Nil   2009   2 Nil   2009   3 (.02)   2009   4 (.01)   2009   Full Year (.08)   2008   1 (.01)   2008   2 (.01)   2008   3 (.03)   2008   4 Nil   2008   Full Year Nil
Stock Data
	Capitalization as of 04/30/2009:     Authorized Shares Outstanding Shares Preferred $0.001 par 100,000,000 None Common $0.001 par 100,000,000 14,035,539   LONG TERM DEBT: $402,500.   Common $0.001 par   Stockholders:  06/30/2009, 37. PRINCIPAL STOCKHOLDERS: June 30, 2009, Avenel Financial Group, Inc. owned or controlled 12.3% of the Common, and Richard Clark 5.8%.   Transfer Agent:  Wall Street Transfer Agents, Inc.   Pitt Meadows , British Columbia   OTC Bulletin Board( Primary): NAEY   Exchange Year High Low OTC Bulletin Board 2009 1.6500 0.0500 OTC Bulletin Board 2008 121.5000 10.3330 OTC Bulletin Board 2007 66.0000 6.6670   DIVIDENDS: Common $0.001 par: No cash. Common split 3-for-2, July 21, 2008. Common reverse split 1-for-50, May 18, 2009.